Maxim Group

Research Analysts

Ray Neidl

Senior Aerospace & Airlines Analyst

Ray Neidl joined Maxim Group in September 2010.  He is a Senior Equity Analyst responsible for the Airline and Aerospace industry and has 20+ years of aviation experience.

Ray Neidl joined Caylon Securities in September 2004 and was a Senior Equity Analyst responsible for the Airline and Aerospace industry.  Before joining Calyon, Mr. Neidl was a Senior Equity Analyst at Blaylock & Partners where he covered the airline, leisure, travel and transportation industries.  Prior to Blaylock, Mr. Neidl was with Furman Selz/ING/ABN Amro for 11 years covering airlines and airfreight companies.  Previous to that, Mr. Neidl was a High-Yield Analyst at Dillon Read (now part of UBS) and MCM (a bond research organization) and was a Credit Analyst at S&P.  Mr. Neidl began his career in the aviation sector at American Airlines in various financial and planning positions.

Mr. Neidl regularly appears on general and business news programs as being an industry expert and is frequently quoted in both the general and business news publications regarding the aviation and airline industries.  Mr. Neidl is the co-author of the published book, Airline Odyssey - The Airline Industry's Turbulent Flight into the Future, published by McGraw-Hill.  He has been a contributor to four industry publications, Airline Economics, Airline Operations, Airline Planning and Airline Financing, all McGraw-Hill publications whose contributors include numerous well-known professionals and managers in the aviation and aerospace industries.  He has also been named on a regular basis to the annual Best of the Best Analysts by both the Wall Street Journal and Forbes.  In addition, he is called as a frequent presenter to industry conferences and Congressional hearings on the aviation industry. 

Mr. Neidl received an M.B.A. in Finance from Pace University, New York, New York and a B.S. from Albany State University, New York and is a member of the New York Society of Securities Analysts Airline Splinter Group and the Wings Club.